Dahabshiil Transfer Services Limited

Dahabshiil is a UK-headquartered African money transfer company. Dahabshiil is the largest remittance firm in Africa and Somalia’s largest private sector employer. Dahabshiil uses its extensive network on the ground to offer a complete pan-African service, with a particular emphasis on serving more remote and generally harder-to-reach regions of Africa. Dahabshiil is the ‘rags to riches’ story of an African entrepreneur whose business was interrupted after the Somali civil war. With limited resources and a strong network of contacts he set about rebuilding the company, which two decades later is now the largest international money transfer business in Africa. In 2010, Dahabshiil celebrated 40 years in the business. With Abdirashid Duale as Group CEO, and founder Mr Mohamed Duale as Group Chairman, Dahabshiil remains a family business. Today, Dahabshiil employs 5,000 people across 126 countries with offices in London, Hargeisa (Somaliland) and Dubai. It provides services to some of the world’s leading humanitarian organisations, including the United Nations, Oxfam, Save the Children and Care International. Dahabshiil is arguably one of the most important multinational businesses in Africa – providing a vital money transfer lifeline to those living in many countries across Africa and beyond.

Financial Services
London, Greater London
Founded in unknown
51-200 employees

Dahabshiil is a UK-headquartered African money transfer company. Dahabshiil is the largest remittance firm in Africa and Somalia’s largest private sector employer. Dahabshiil uses its extensive network on the ground to offer a complete pan-African service, with a particular emphasis on serving more remote and generally harder-to-reach regions of Africa. Dahabshiil is the ‘rags to riches’ story of an African entrepreneur whose business was interrupted after the Somali civil war. With limited resources and a strong network of contacts he set about rebuilding the company, which two decades later is now the largest international money transfer business in Africa. In 2010, Dahabshiil celebrated 40 years in the business. With Abdirashid Duale as Group CEO, and founder Mr Mohamed Duale as Group Chairman, Dahabshiil remains a family business. Today, Dahabshiil employs 5,000 people across 126 countries with offices in London, Hargeisa (Somaliland) and Dubai. It provides services to some of the world’s leading humanitarian organisations, including the United Nations, Oxfam, Save the Children and Care International. Dahabshiil is arguably one of the most important multinational businesses in Africa – providing a vital money transfer lifeline to those living in many countries across Africa and beyond.

Company Information

Industry
Financial Services
Company Type
Privately Held
Founded
unknown
Employee Range
51-200
Revenue Range
Not available

Location

Address
118 Cavell Street England London
City
London
Region
Greater London
Postal Code
Country
United Kingdom

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